The Investigation of Factors Affecting Timeliness of Financial Statements: Evidence From Turkey

Abstract

In the current economic environment, the timeliness of corporate financial reporting is one of the important factors that have impact on the efficiency of financial markets. Delay in disclosure of financial statements prominently decreases the efficiency of financial markets. This study aims to analyze factors that influence timely corporate financial reporting by using a sample that includes 90 manufacturing firms listed on Borsa Istanbul over the period of 2014-2017. The results of regression analysis reveal that firm size, type of audit firm, board independency, profitability and leverage significantly affect the timeliness of financial statements. The findings of empirical analysis provide vital implications for regulatory agencies.

Corporate Governance Factors and Financial Reporting Timeliness: A Systematic Review and Future Research

“…As a crucial qualitative criterion in financial reporting, timeliness describes the company's readiness and promptness to inform stakeholders of its financial and operational performance. The timeliness of financial reporting is the most controversial issue in the global economy (Ozcan, 2019), and numerous studies have been conducted over the past decade to determine the factors that influence timeliness. Even in Malaysia, the financial reporting timeliness issue is still a concern for public listed companies (Ghani & Azmi, 2022).…”

أثر طبيعة الملكية ( عائلية /غير عائلية) علي العلاقة بين القدرة الإدارية وتوقيت نشر التقارير المالية – دراسة تطبيقية علي الشركات المقيدة بالبورصة المصرية

“…Kargin, 2011;Moradi et al,2013;Putri & Azhar, 2017;Asiriuwa et al,2018; . Aksoy et al,2021;Thinh et al, (Aldaoud & Malaysi, 2015;Sufiyati, 2017;Putri & Azhar, 2017;Suadiye, 2019;Zandi & Abdullah., 2019;Thinh et al,2022;Ashibuogwu, 2022;Novandalina, et al2022 (Abbott, et al, 2012 ;Rahmawati, 2013;Clatworthy & Peel, 2016;Sufiyati, 2017;Johnston & Zhang, 2018 ;Suadiye ,2019 ;Ben Rejeb et al 2019 ;Ozcan, 2019;Aksoy et al,2021;Toksoz & Özdemir,2021;Novandalina, et al2022 (Bamber et al, 2010 ;Jiang et al, 2010 ;Baatwah et al 2015;Abernathy et al,2018;Borgi et al,2021 ‫اس‬ ‫ثسطتثادبو‬ ‫ك‬ ‫ث‬ (Cascino et al, 2010 ;Khan & Khan, 2011;Lourenço et al,2018;Simamora, 2022 (Alsmady, 2018;Ghafran & Yasmin, 2018;Ben Rejeb et al,2019;Abernathy et al,2018;Alsmady, 2018;Toksoz & Özdemir,2021;Borgi et al,2021;Aksoy et al,2021;Lourenço et al,2018 ;Almuzaiqer, 2021;…”